Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
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President Tinubu Extends Raw Shea Export Ban To Protect Indigenous Industry
President Bola Ahmed Tinubu has approved the extension of the ban on the export of raw shea nuts for a further one year. The decision underscores the administration’s commitment to advancing industrial
Man Contacts Kano Police To Clear His Name In Drug Investigation
An unidentified man has reportedly called the Kano State Police Command to inquire whether his name appeared on a confidential list of suspected drug dealers compiled through public tip-offs. The Command’s spokesperson,
Imposter Posing As NAF Officer Detained For Defrauding Traders With Fake Alerts
The Nigerian Armed Forces Resettlement Centre (NAFRC), Lagos, has arrested a 27-year-old suspect who allegedly posed as a serving personnel of the Nigerian Air Force (NAF) to defraud unsuspecting traders across major
Witness Alleges Former AMCON Boss Misappropriated Arik Funds For Umza Airline Insurance
An Assistant Director with the Economic and Financial Crimes Commission (EFCC), Bawal Usman Kaltungo, on Wednesday told a Lagos High Court how former Managing Director of the Asset Management Corporation of Nigeria
ICPC Custody Stops El-Rufai Arraignment On Cybercrime Charges
The arraignment of former Governor of Kaduna State, Mallam Nasir El-Rufai over cybercrime charges was on Wednesday stalled on account of his current custody at the the Independent Corrupt and Practices and
Joint Parliamentary Panel To Audit Oil, Gas Sector Finances
The National Assembly Joint petroleum committee will Thursday, convene an investigative hearing into revenue, expenditure and key operational activities in to the country’s oil and gas sector. The exercise is in line
Nigerian Scholar, Faisal, Bags PhD At 25
An Adamawa scholar, Dr. Faisal Hamman, 25, has earned a doctorate in Electrical and Computer Engineering from the University of Maryland. Speaking on their son’s feats, his parents, Adamu Hamman and Aisha
Court Remands Ex-NRC MD In Prison Over Alleged $385,000, ₦165.4m Fraud
Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, has ordered the remand of a former Managing Director of the Nigerian Railway Corporation (NRC), Fidet Okhiria Edetanle,over an alleged
REA, LOTUS Bank Unlock ₦100Bn To Boost Sustainable Energy Through DARES
The Rural Electrification Agency (REA), has signed a Memorandum of Understanding (MoU) with Lotus Bank in order to eliminate barrier financing barriers for renewable energy developers. The agreement formalizes a partnership to provide
Oyo Assembly Accuses Power Minister Of Gross Incompetence
The Oyo State House of Assembly,has accused Nigeria’s Power Minister,Adebayo Adelabu of gross incompetence. They said his indigeneship of Oyo has no value to the state and made electricity supply to the
